secwatch.observer — SEC 8-K summary
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Issuer:     SR Bancorp, Inc. (SRBK)
CIK:        0001951276
Form:       8-K
Filed at:   2026-04-24T23:59:59+00:00
Accession:  0000943374-26-000168
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SR Bancorp amends exec employment agreements; CEO salary $490k, Chairman $260k, CFO $410k
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- William Taylor (Executive Chairman): $260k base salary, 1-year term, bonus target at least 25%.
- Christopher Pribula (CEO): $490k base salary, 3-year term, bonus target at least 23%.
- David Orbach (CFO): $410k base salary, 3-year term, bonus target at least 20%.
- Non-CIC severance = greater of remaining term pay or 2x (base + avg bonus); CIC severance = 3x (base + avg bonus) + 36 months COBRA.
- Agreements auto-renew annually for Pribula and Orbach; Taylor's term may be extended by 12 months with 30 days notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951276/000094337426000168/0000943374-26-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951276/000094337426000168/form8k_042226.htm
  HTML page:      https://secwatch.observer/filing/0000943374-26-000168

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